(EnergyAsia, May16) — Gasoil-Dubai refining margins in Singapore remain strong at near $15/barrel, reported US-based consultant ESAI. In the latest issue of its Pacific Basin Stockwatch, ESAI said Indian imports will keep margins above $15/barrel, but will be capped by lower Chinese demand. “The continued pull of low sulphur gasoil into India has kept…
MARKETS: Singapore refining margins torn between higher Indian imports and lower Chinese demand
Posted on May 16, 2005 by EnergyAsia